Is Monty truly finished? He clearly knows how to bowl (bit like riding a bike), and already has experience getting the worlds best batsmen out. This will probably be too "out of the box", but wouldn't it be worth Strauss and Cook publicly backing him, and slotting him in the team? IF (granted its a huge IF) it works, think of the rewards!
From reading the stories about him, seems like the issue is all mental...come on ECB, spend some of your millions on a sports psychologist assigned just to Monty, and resurrect this world class bowler! Even if he doesn't make the playing 11, surely his experience will be very valuable for the likes of Mo, Ansar etc?